Comment on Tech sell-off drags stocks to worst day in 6 weeks

Tech sell-off drags stocks to worst day in 6 weeks

NYSE Traders working during the opening bell.JOHANNES EISELE/AFP via Getty ImagesUS stocks dropped on Wednesday, dragged by a continued rise in Treasury yields. Tech shares sold off, with the Nasdaq losing almost 2%.Bond yields continued to climb as investors reset interest rate expectations.US stocks notched their worst losses in over a month, driven by rising bond yields that dragged tech shares lower.

 

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